1
My uncle in London convinced me to stop renewing my US passport
He said "you're paying $130 every 10 years to a country you haven't lived in since 2015" and honestly he was right. I just let mine expire last month and I'm not even sad about it. Has anyone else dropped one citizenship just to simplify taxes?
2 comments
Log in to join the discussion
Log In2 Comments
gray_morgan2h ago
Yeah but are you sure about this? I get the tax thing but renouncing US citizenship is a whole different level than just letting a passport expire, they make you go through this whole process and pay a fee if you actually want to give it up. My cousin did it after moving to Germany and he said it took over a year and he still has to file taxes for a few more years as a "covered expatriate" or whatever that means. Did your uncle mention any of that or is he just talking about not renewing the passport?
2
logan52518m agoMost Upvoted
Honest to god the exit tax was worse than I expected.
7